Retail Minded

AUGUST 27, 2022

in 2020 (National Retail Federation). final nail in the coffin for retailers – while other reports describe merchants being overstocked. It’s even affecting the US retail giants, with Target recently admitting its plans to ‘right-size its. inventory’ by making additional markdowns across the board. The result?

Merchant Services 98

Merchant Services Drop-Shipping Markdowns Planning 98

Indigo 9 Digital

FEBRUARY 28, 2023

Inditex, Zara’s parent company planned to close up to 1,200 stores by the end of 2022 and open 450 new stores. 2020 marked the first time Inditex ended a year with fewer stores than when it started the year. If you can’t move all of the inventory then markdowns are required which eats into sales per sq.

Fast Fashion 98

Fast Fashion Fashion Apparel Department Stores 98

Retalon

AUGUST 2, 2019

Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). Prices (markdowns, promotions, competitor prices, etc.). Unifying Big Data across Forecasting, Planning, and Operations. POS data (sales, returns, etc.). The result?

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retalon

AUGUST 5, 2020

Most Important KPIs for the Retail Industry in 2020. Jump Ahead Most Important KPIs for the Retail Industry in 2020 Examples of Retail KPIs that Maximize Inventory ROI 1. Merchants and inventory analysts must be aware of how well they are getting their products to the stores. In-Stock Percentage 2. Inventory Turnover Ratio 3.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. Richard Maicki.

Drop-Shipping 183

Drop-Shipping Merchant Services Fulfillment Shipping 183

Retail Prophet

JULY 18, 2022

Soon, merchants everywhere began to experience what many thought could only happen in third-world economies and banana republics – panic buying, empty shelves and bottomless backlogs to fill them. But in the process also opened global consumer markets to risks that would make the cotton collapse of 1861 look like a picnic.

Dead-Stock 59

Dead-Stock Shipping Merchant Services Markdowns 59

Retail Geek

FEBRUARY 28, 2023

Scot: [6:16] Should be over should be like part of the onboarding. So it’s an area where companies are looking to save money very quickly because you’re not locked into certainty or anything like that like you would, be with some software as a service platforms. percent so. [31:38]

Apparel 52

Apparel Drop-Shipping Social Commerce Shipping 52